ALMARAI Company Stock.Weekly analysisHello ladies and gentleman,according my analysis To ALMARAI STOCK.there is agreat probability long to 62 SAR.
Almarai
2280_Breakout (ATH)_Cup & HandlePrice at ATH
Wait for minor correction
Keep Stop Loss Intact for long term entry
Short term target, parallel channel top
Cup & Handle Formation, Long term targets are specified
Stop Loss below Previous All Time High (ATH) or 58.5
TIME TO BUY SAUDI BASIC INDUSTRIES CORPHellow dear investors, I don't usually post these analysis for free but since you likes the old 2 ones I posted the other day I said why not to post another one to share with you what I see about SAUDI ARABIA stocks.
Following the chart, you can see that the price went on a downtrend then broke the support line we have at 87.25, before it does, it did a pucllback on it with a high volumed small candle, all matters is the volume which is the most interesting one in the last quarter of the last year, after that it broke the support with low volumes which means in my strategy that it won't last for long and yeah it did came back to its way to continue going up.
What are you still waiting for for not buying the stock now ?
For more information don't hesitate to ask !
2280: ALMARAIBullish Trend
Ascending Wedge
Trade with specified Stop Loss
Target profits with trailing stop loss
2280-ALMARAI To BuyDear investors,
A big opportunity has shown itself in the Saudi stock market, specially ALMARAI CO stocks after breaking a very important Resistance Level.
This move is expected to send the share price of Almarai Up at least till the end of the year to reach the 60.00$ point.
Almarai 2280 - Critical support lineAlmarai 2280 - TASI
at critical support line. If it bounces could go back to Resistance of 58.86 . If it breaks below could see 50.91 .
#almarai #2280
AL MARAI 2280 it is not the end yet :) Hello Traders :)
TADAWUL:2280 it has been crazy, it was in a beautiful trend up, heavily corrected and retraced 61%! we believe it is the end of correction of W4 and we should expect W5 to come up soon. We target between 75 to 95 SAR :)
Happy Trading
